‘Right time’ to introduce second support package now: Jeffrey Siow

Why did the Singapore government announce a second support package now? According to Second Minister for Finance Jeffrey Siow, the second assistance package was planned based on evolving global developments and feedback from businesses. He said on Wednesday (Jul 29) that the measures were introduced at the right time to help households and businesses plan their finances amid continued uncertainty over energy prices. #sgnews #singapore Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia